Macro· ★★· neutral·

ECB and Brazil's central bank study linking Pix and TIPS

  • —ECB and BCB will assess technical, operational, legal and business requirements for the link
  • —TIPS supports three currencies and 23 countries with 24/7 central bank money settlement
  • —The ECB's pre-study phase for Pix is dated June 2025 to September 2026
  • —The ECB is also weighing TIPS links with India's UPI, Switzerland's SIC-IP and BIS-led Nexus
Why it matters: Linking the networks could cut intermediaries in cross-border payments, though it does not involve crypto or stablecoins.
Source: TokenPost
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